Reef Tower is a high-rise corporate development designed for commercial purposes. This building features 34 floors above ground that consist of properties ranging from office to retail units. It is located directly opposite to Dubai Marina and Jumeirah Islands. The design of this building has been inspired by modern architecture. Amenities in Reef Tower include a gymnasium, three levels of underground parking, spa facilities and advanced 24-hour security.
Reef Tower was launched in 2006 by Reef Real Estate Investments LLC. It includes multiple office units that have been constructed with modern architecture in mind. Some of these units come with floor-to-ceiling windows. These large windows showcase views of either the lake or the prestigious Jumeirah Islands.
Reef Tower, Cluster O, is close to Sheikh Zayed Road. Due to this, it is close to multiple landmarks, attractions, conveniences and public transportation stops. Nearby attractions include JBR Beach, Dubai Marina Walk, Al Sufouh Beach and Al Sufouh Park.
Reef Tower is located in Jumeirah Lake Towers (JLT), which is a popular community in Dubai. This community features 26 clusters that are each titled after letters from the English alphabet, A-Z. Aside from that, this community also includes many residential, commercial and retail developments.
Reef Tower is a building that showcases modern architecture. It offers freehold properties, along with a wide range of amenities including a fitness club and steam/sauna rooms and underground parking.
Parking in Reef Tower is not an issue, as the building offers a 3-level basement parking area that is covered and secured around the clock.
There are multiple high-speed elevators in Reef Tower as well as facilities for the specially-abled individuals.
Reef Tower, JLT, is equipped with 24-hour security that features CCTV cameras and skilled guards. The offices have an intercom service to coordinate with the help-desk.
For fitness facilities in Reef Tower, individuals can benefit from the equipped gym and sauna facilities. There is also a wide walking trail in the community.
Built as a commercial high-rise tower in JLT, Reef Tower offers a variety of office spaces that come with multiple facilities. Along with that, this building also includes retail units on the ground level. Properties in Reef Tower include:
While fully fitted and furnished office spaces allow quick move-in, shell and core units may need some personal adjustments. Partitioned and semi-furnished units can also be used right away.
Offices in Reef Tower measure from area sizes of 321 sq. ft. to 5,950 sq. ft. These units can be rented for prices ranging from AED 70k to AED 654k and purchased from AED 1.6M to AED 3M.
Offices in this building come with multiple facilities. They include multi-media settings, universal sockets, floor-to-ceiling windows, kitchen pantries and storage units. Some of them also have built-in conference rooms.
Rental trends in Reef Tower showcase properties that can be leased at the following rates:
Properties in Reef Tower come in either retail or office units. Individuals can also look for similar properties by viewing Reef Tower offices for rent. Interested individuals can also find retail options by looking through shops for rent in Reef Tower on Bayut.
Sales trends in Reef Tower show properties that can be bought at the following rates:
For finding more commercial properties similar to this, individuals can go through Reef Tower offices for sale. Individuals can also look through shops for sale in Reef Tower on Bayut.
General Fund | Price Per Sq. Ft. in AED |
---|---|
Services General upkeep of the building Read more |
2.60 |
Maintenance General repairs and replacements |
4.47 |
Utilities Services Charges for using DEWA/district cooling facilities and meters |
3.95 |
Management Services Owner’s association charges for managing the property |
1.02 |
Insurance Charge for the insurance of the building |
0.33 |
Master Community Fees for communal facilities in the neighbourhood |
2.55 |
Reserved Fund Funds used for major repairs and to help maintain the yearly service charges fees |
1.51 |
Adjustment The difference between the estimated amount charged the previous year vs the actual amount spent |
-1.25 |
Total | 15.18 |
These figures are based on the services charges for Reef Tower* as per the Dubai Land Department.
There are many different types of service charges in Dubai, read up on the service charges guide if you are interested in buying a property in Dubai.
*These charges are subject to change.
There are multiple modes of transportation near Reef Tower. They include metro trains and buses.
Bus stations near Reef Tower include:
Other nearby bus stations include JLT Dubai Arch Tower, DMCC Metro Station Landside and JLT Business Center.
Metro stations near Reef Tower include:
Other nearby metro stations include Al Khail Metro Station, InsuranceMarket Metro Station and Mall of the Emirates Metro Station.
Restaurants near Reef Tower include:
Hyu Korean is a casual dining restaurant located just a minute away from this restaurant. It is best known for offering a wide range of traditional and modern Korean recipes. Customer favourites include bulgogi, tofu soup, **seafood and kimchi pancake.**
Kulcha King is another option for eating out that specialises in Indian cuisines. Some of its menu options include biryani, mixed vegetables, paratha, sweet lassi and gulab jamun.
For the nearest nightlife option, individuals can visit Level One. This bar and lounge is just 3 minutes away from Reef Tower and offers a wide range of bar drinks. From wine to mocktails, it provides something for everyone. Aside from that, this lounge also offers a food menu that includes items such as melted fries, chicken and beef satay and super nachos.
Buildings near Reef Tower include:
Reef Tower is located close to multiple residential and commercial buildings. Some of its neighbours include One JLT, Thinkss and O2 Residence.
Reef Tower is a high-rise corporate building that showcases spacious properties with luxury amenities. It is located to close to several public transportation stops. One thing to consider is that tram stations can be far to reach. However, as an alternative, individuals can use buses and metro stations for travelling around.
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